Airtel Zambia & UNCDF Partner to Strengthen Digital Financial Services Across the Country
Airtel Networks Zambia Plc and the UN Capital Development Fund have announced a partnership designed to bring digital financial services closer to Zambians living in remote areas across the country through Airtel Money.
IFC and Ministry of Justice Join Hands to Improve Insolvency Laws in Kosovo, Boost Lending
The initiative, known as the Debt Resolution Project, is expected to create a safety net for businesses and investors, improving access to credit, especially for small and medium enterprises.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
Zambia Mulls Increasing Financial Inclusion for Rural Dwellers
The plan is to increase financial inclusion in rural areas from the current 50 percent to 75 percent.
ADA to Promote Financial Inclusion in Niger via Improved Product Design, Supervision, Funding Framework
The initiative is part of a larger LuxDev effort in Niger that has a total budget of EUR 145 million (USD 156 million).
Savings Groups Cushioning Impact of COVID-19 Pandemic in Zambia
As the world continues to face economic turmoil resulting from the COVID-19, communities in Zambia are turning to informal savings groups to cushion the impact of the pandemic.
Zambian Fintech Startup, Lupiya Receives $1 Million Investment From Engyma Ventures
Microfinance startup Lupiya has received an investment of $1 million from a US Venture Capital fund Enygma Ventures.
IFC and TEB Expand Partnership to Support Kosovo’s Women-Owned and Agribusiness SMEs
The facility has been provided under IFC’s Small Loan Guarantee Program (SLGP), a programmatic approach to risk-sharing that aims to strengthen the capacity of financial institutions to finance SMEs in low-income countries.
United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers
The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.